PSY Market Cap is very cheap at 43 million. Compare to same technology sector:
MBE MC = $60 million
MNW MC = $100 million
MKB MC = $148 million
ADJ MC = $100 million
PSY with bleeding edge MEMS technology that will potentially be in absolutely every gagdget in all sectors in a global market has amazing potential. It is really hard to value this technology. At $1 share price, this would attribute value of 450 million.
If we were listed in the US nasdaq we could have secured a deal a long time ago and be worth at least $300 million for the potential alone where the global investors understand the techonology more.
That said I wouldnt be surprised if there were big global funds and instos buying into PSY.
sobering stuff, page-4
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